Bitcoin Price Still Going Through The Motions
Bitcoin price formed a small declining wave in quiet trade, today, and has currently turned back up. Be cautious for now, there is not yet any confirmation in the chart that the correction is complete. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 14h30 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: On the Bitfinex chart for a change and difficult price action to use as a basis for predicting....
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In the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission, U.S. district court judge Analisa Torres has granted several motions to file amicus briefs. As a document made public yesterday shows, the court granted the motions filed by the Blockchain Association, John E. Deaton (representing 75,000 XRP investors), six XRP holders, […]
"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether. The judge in the class-action lawsuit filed in the Southern District of New York against stablecoin issuer Tether and crypto exchange Bitfinex has granted motions to dismiss many of the claims in the case.According to court documents filed Sept. 28 in the Southern District of New York, District Judge Katherine Polk Failla has granted motions from Tether’s and Bitfinex’s parent company iFinex to dismiss key claims in the plaintiffs’....
The long-timeframe chart is painting a death cross pattern, however, suggesting a selloff ahead. Ripple (XRP) price rose by nearly 30% in less than a week amid positive sentiment around the court case, in which the U.S. Securities and Exchange Commission (SEC) claims that Ripple sold XRP as illegal securities.SEC vs. Ripple Judge Analisa Torres has granted Ripple permission to respond to the SEC's Memorandum of Law in support of the Motion to Strike fair notice defense, according to court documents.Additionally, Judge Torres also ordered the unsealing of three documents concerning the SEC....
It’s been 171 days since the US Securities and Exchange Commission (SEC) challenged XRP and Ripple Labs directly by filing a lawsuit against them. There have been a slew of motions and memorandums exchanged so far, but no clear winner has emerged. Every court judgement has had and will continue to have far-reaching repercussions in […]
As Bitcoinist reported, the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its end in leaps and bounds. Both parties recently filed their motions for summary judgment after the end of the discovery phase. The chances of the SEC winning the case have continued to shrink, according to […]